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Adam Thierer (@AdamThierer), contributor at Forbes, writes an article describing ways the Internet does not require a formal legal system to function.  Excerpts:

“Informal, bottom-up efforts to coordinate security responses offer several advantages over top-down government solutions, such as administrative regulatory or punishing liability regimes.”
“Markets are more nimble than mandates when it comes to promptly patching security vulnerabilities.”
“International cooperation between state-based legal systems is limited, complicated, and costly. By contrast, under today’s informal, voluntary approach to online security, international coordination and cooperation is quite strong.”
“What these efforts prove is that not every complex social problem requires a convoluted legal regime or heavy-handed regulatory response. We can achieve Internet order without layering on more and more law and regulation.”

- http://onforb.es/MhxNjd

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